World Investment Report, 2013 predicted a drop of 32 per cent in the Global FDI, this also affected Cross-Border M&A as a major form of Global FDI in 2013 as a result of globalization. Globalization has created an extremely competitive business environment across the world and as such the need to increase profits and shareholders' value constantly presses International Business Executives. Consequently, Mergers and Acquisitions (M&A) have been the preferred method of increasing growth and achieving target improvements in revenue. There are success or failure factors identified by many studies responsible for the trend. The immense benefits accruing from these transactions make the study imperative so that mergers will focus their resources on the success factors while minimizing the failure factors. As a result of these, Cross-Border M&A has achieved some milestones as a form of FDI and Globalization option used by many Multinationals.